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Director Aldo J. Polak of EVERTEC, Inc. (NASDAQ:EVTC), a $2.29 billion market cap company with a perfect Piotroski Score of 9 according to InvestingPro, sold 2,243 shares of common stock on June 20, 2025, for approximately $80,118. The sales were executed at prices ranging from $35.575 to $35.920 per share.
Following the transaction, Polak directly owns 11,946 shares of EVERTEC, Inc. The company, which has maintained dividend payments for 13 consecutive years, currently appears undervalued according to InvestingPro’s Fair Value analysis. Discover detailed insights and 6 additional ProTips in the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
In other recent news, Evertec Inc (NYSE:EVTC). reported impressive financial results for the first quarter of 2025, surpassing both earnings and revenue forecasts. The company achieved an adjusted earnings per share (EPS) of $0.87, exceeding the anticipated $0.79, and generated revenue of $228.8 million, well above the expected $217.97 million. This strong performance was driven by growth in Latin America and technological advancements, resulting in an 11.4% year-over-year increase in revenue. Keefe, Bruyette & Woods responded to these results by raising Evertec’s stock price target to $44, citing the company’s strong execution and a solid start to the year.
Additionally, William Blair reiterated its outperform rating for Evertec, highlighting the company’s expansion potential in Latin American markets. This follows Evertec’s strategic shift in 2022, enabling more aggressive mergers and acquisitions. In a separate development, Evertec held its 2025 Annual Meeting of Stockholders, where all proposed resolutions, including the election of directors and the ratification of Deloitte & Touche LLP as the independent auditor, were approved by shareholders. These recent developments underscore Evertec’s robust market position and strategic direction in the transaction processing industry.
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